Chinook is a proprietary systematic global convertible bond fund which provides the investor access to the convertible market through an attractive fee structure
Chinook employs a systematic bond selection process derived from Ferox’s extensive experience trading convertible bonds. We believe that, by systematising Ferox’s convertible experience based on a thorough set of rules, we can capture the market return at a lower cost.
Fund NAV Performance since Inception
Source: Ferox Capital LLP, Bloomberg Finance L.P. & Morningstar
Monthly Performance & YTD Performance Since Inception
Performance numbers are calculated from the final day of the month preceding to the final day of the commentary month unless otherwise stated. Chinook performance is Class A USD adjusted for the founder management fee of 0.25%. As of March 2019 the management fee for all share classes is temporarily waived. Total return will fluctuate with the market conditions and changes in currency exchange rates. As a guide to the return generally available in the Convertibles market the Fund references the UBS Thomson Reuters Global Focus Hedged Convertible Bond Index (the “Index”). This is for comparative purposes only and the deviation in portfolio holdings between the Fund and the Index may be significant.